How can Romney respond to Candidate Obama’s exposure of his underlying socialist mindset?

if you listen or read more it’s quite obvious he meant it in a deeper sense than a softly communitarian sense, he denigrated the hard work and smarts it takes to build up the smallest or commonest business. Yes you need infrastructure to build on, but it was leaders and tax paying citizens who built that, government is at its best when it’s a framework of self organization not the organizer.

How could Romney respond…by declaring a regulatory holiday, for two years. Also rescinding all new regulations from the last eight years unless the were a relaxation of prior rules or to do with acute toxic threats…and I know that even that would be abused.

During the holiday the US’s regulatory framework would be changed from mostly a matter of sovereign law to contract law. Regulations would be matters of goals and baselines and an standard if unwritten contract line item not a legal straight jacket. Don’t feel the regulation is best for your customers, neighbors, employees etc? Then write it up and submit it as a change to your social contract. Regulatory law is ‘now’ contract law, you pay for your day in court to review your change, if someone protests they have to pay the extra court costs (and by the way court is in your HQ’s state capital or a nearer regulatory court, not in your or their venue of choice.) If you’re sued on a ‘regulatory’ item, first hearing is split if it’s extended the ‘suit filer pays’ unless they can prove that you lied, if it’s a question, you split costs.

Simple minded you say? Good laws are simple and philosophically clear. Applying law to complex and ambiguous reality is what we pay judges and lawyers for.

Such a plan would lay the foundation for a new US boom, it would take the shackles off and let people’s ingenuity and desire to build something for the future blow the roof of the doldrums the regulatory over reach of the last several decades has built over our dreams.